State Street SPDR Portfolio Mortgage Backed Bond ETF (SPMB) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Bonds industry. The company is headquartered in Boston, MA, United States.
SPMB has IPO date of 2009-01-30, listed on the NYSE, a market capitalization of $6.93B.
State Street SPDR Portfolio Mortgage Backed Bond ETF is a passively managed fund that invests at least 80% of its assets in U.S. agency mortgage pass-through securities and economically equivalent securities that track its underlying index. The fund is designed to provide investors with exposure to the agency mortgage-backed segment of the U.S. investment grade bond market. By maintaining a portfolio closely aligned with its benchmark index, the fund aims to deliver performance consistent with the broader mortgage-backed securities market.
